Advanced Authentication Market Size

Statistics for the 2023 & 2024 Advanced Authentication market size, created by Mordor Intelligence™ Industry Reports. Advanced Authentication size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Advanced Authentication Industry

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:
Advanced Authentication Market in the Financial Service Industry Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 13.60 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration High

Major Players

Advanced Authentication Market in the Financial Service Industry Major Players

*Disclaimer: Major Players sorted in no particular order

setting-icon

Need a report that reflects how COVID-19 has impacted this market and its growth?

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:

Financial Services Advanced Authentication Market Analysis

The global advanced authentication market in the financial service industry was valued at USD 3.476 billion in 2020, and it is expected to register a CAGR of 13.6% over the forecast period 2021-2026. The financial services domain, to provide seamless services to its end users, needs to share sensitive and often regulated information across organizations and corporates. The need for sharing data has increased considerably over the last few years, majorly as a result of the advent of cloud-based services.

  • Online frauds, changing consumer dynamics and increasing technology penetration are driving the adoption of online services among end users. The trend is also driving online transactions, resulting in a renewed emphasis on security and privacy.
  • Major solution providers in the market today are focusing on providing a broad platform to support various existing entities in the environment, including Windows Credential Provider, OSX, iOS, Android, Windows Mobile, and Linux Pluggable Authentication.
  • As the population and creativity of hackers grow, BFSI sector is compelled to deploy new authentication methods which will ensure protection of customer data. It is forcing the vendors for continuous innovation.

Financial Services Advanced Authentication Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)